Insurance onboarding sits between two moments that matter most to a customer: buying protection for what they care about, and — eventually — filing a claim. Slow, manual KYC at either end erodes trust before the policy has even started.
Veriqos Technologies simplifies both ends: pre-policy identity and document checks that speed up issuance, and the same verification infrastructure available for claims-time identity and asset checks, so insurers can move faster without increasing fraud exposure.
Using the same verification at issuance and claims
Identity and document checks at policy issuance give the insurer a confirmed record of who the policyholder is. At claims time, the same infrastructure can confirm that the person claiming matches that record, and asset checks such as vehicle insurance status confirm the details of what is being claimed for.
Using one verification setup for both moments keeps the experience consistent for customers and gives fraud teams a clear trail from purchase to claim. Genuine claimants move through quickly, while mismatches are flagged for review before any payout.
More about Insurance KYC
To learn more about Insurance KYC, explore our Insurance Verification API and PAN Verification API, or talk to our team. For the official source, see the IRDAI website.
